SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source：CoinDesk
Institutional crypto exchange EDX lands $76M from SBI Holdings
The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset…
Rivian’s stock sale triggers worst rout for the shares in nearly two years
Rivian’s stock is down 13% as Wall Street frets about the EV maker’s cash troubles. Source：MarketWatch
NATO announces billions in defense deals. What investors should watch for now.
A number of major defense companies, including Rheinmetall and Lockheed Martin have announced billions of dollars worth of backlogs Source：MarketWatch
Analysts see more upside for SpaceX as post-IPO research begins
Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company's $75 billion June IPO. Source：CoinDesk
Micron’s stock falls as investors wonder if the memory market is near the top
“Most investor feedback continues to point to a skittish AI tape,” one analyst said. Source：MarketWatch
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets. Source：CoinDesk
We’re spending $7,000 to attend 7 weddings this year — and that’s after cutting corners
Plus: How to decline a wedding invitation without feeling like a jerk Source：MarketWatch
AI trade loses steam as infrastructure boom faces reality check
Record earnings, rising competition and concerns over slowing AI spending are forcing investors to reassess one of the market's biggest trades. Source：CoinDesk
SpaceX wins wild praise, with one analyst going so far as to predict a 400% stock surge
Wall Street is using colorful language as analysts cheer major upside potential for SpaceX’s stock. Source：MarketWatch
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source：CoinDesk
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…